Convert Russian Ruble to Nigerian Naira
Please provide values below to convert Russian Ruble [RUB] to Nigerian Naira [NGN], or Convert Nigerian Naira to Russian Ruble.
How to Convert Russian Ruble to Nigerian Naira
1 RUB = 0.0512250940401302 NGN
Example: convert 15 RUB to NGN:
15 RUB = 15 × 0.0512250940401302 NGN = 0.768376410601953 NGN
Russian Ruble to Nigerian Naira Conversion Table
Russian Ruble | Nigerian Naira |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.